Gulf Marine Services Powers Up with New Contracts and Extensions in the Middle East
Gulf Marine Services (GMS), the UAE-based titan of self-propelled, self-elevating support vessels, is making waves in the offshore energy sector. The company has just locked in a fresh contract and two extensions for its cutting-edge fleet, solidifying its dominance in the Middle East’s bustling energy landscape. With a knack for delivering bespoke solutions, GMS is proving once again why it’s a go-to player for offshore operations.
Custom Solutions for a Major Regional Player
The new contract, shrouded in a bit of mystery, is with a “major regional client” whose identity remains under wraps. Spanning an initial term of seven months, the deal highlights GMS’s ability to pivot and adapt to the ever-evolving demands of the offshore energy sector. While the financials remain undisclosed, the contract underscores GMS’s reputation for delivering tailored, high-performance solutions.
Mansour Al Alami, GMS Executive Chairman, summed it up perfectly: “This award underscores GMS’s ability to source and provide customized solutions to our clients and demonstrates our flexibility in meeting current as well as future demand.” The vessel’s mission? To tackle a high-stakes project in the Middle East, supporting a gamut of offshore operations with precision and efficiency.
Backlog Boost: Extensions and Enhanced Rates
But that’s not all. On March 13, 2025, GMS secured three-year extensions for two of its vessels with a heavyweight national oil company (NOC) in the region. These extensions, secured at enhanced rates, have propelled GMS’s backlog to a staggering $558 million. This isn’t just a win—it’s a testament to GMS’s ability to build long-term partnerships and deliver value in a competitive market.
This momentum isn’t new. Back in October 2024, GMS inked a fresh contract in Europe and extended two existing agreements in the Middle East, pushing its backlog to $505 million. These strategic moves highlight GMS’s global reach and its ability to juggle multiple high-stakes projects simultaneously.
Why GMS is the Future of Offshore Energy
GMS isn’t just keeping up with the times—it’s setting the pace. With its fleet of state-of-the-art vessels and a knack for innovation, the company is redefining what it means to deliver offshore support. Whether it’s navigating complex projects or forging long-term partnerships, GMS is proving that flexibility and customization are the keys to success in the energy sector.
As the world leans harder into renewable energy and offshore exploration, GMS is positioning itself as a critical player in the transition. Its ability to adapt to market demands and deliver tailored solutions makes it a force to be reckoned with.
